Financial Accounting Fundamentals
Financial Accounting Fundamentals
6th Edition
ISBN: 9781259726910
Author: John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher: McGraw-Hill Education
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Chapter 9, Problem 5BTN

1.

To determine

Identify the current liabilities on Company M‘s balance sheet as of December 31, 2015.

2.

To determine

Identify the portion of Company M ‘S long – term debt that matures within the next 12 months.

3.

To determine

Compute Company M’s times interest earned ratio.

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